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Search Results 0 to 8 of about 9 (some duplicates have been removed)
and the democrats. how they essentially tried to bring the federal government's financial house to some kind of order. the answer is they failed. we have a federal government whose financial house is in total disorder, total disarray. it is a historic problem. to try to put it in english, we have a trillion dollars of iou outstanding in the world. the negotiations, they agreed to raise what they call the debt ceiling, so the government can borrow a couple more trillion dollars. we are going to run it run out of that borrowing authority january or february of next year. they're going to have to go back and authorized congress for more trillions of dollars of borrowing. the republicans and lots of people in congress don't want to authorize that. so there is going to be a bloody negotiation, unless they can work a deal. in a sense, this is a book about the past, but it's about the present. it is about where we are going and what the country's future is. if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president b
about a stimulus and hiring more government workers and having the government making investments. of course, he talks about raising taxes. they plan to raise taxes on the american people and that will kill jobs. we want to create jobs and not kill jobs in this country. [applause] we also heard this plan are raising taxes and cutting medicare. in fact, there has been a study released this week. the people look at his spending plans and all of the debt they create and interest that its charge. he will raise taxes on the middle class as well by some $4,000 per family. the american people do not want more taxes. they want less spending and more growth. we will do that and get america back on a balanced budget. [applause] i do not want to raise taxes on any one. this president seems to think that keeping our taxes the same as they are now is a huge tax cut. only in washington would do thing keeping taxes as they are is a huge tax cut. hot i will find a way to bring our taxes down -- i will find a way to bring down our taxes. we will give the middle class a tax break. [cheers and appla
. this as the spanish government is apparently ready to ask for a full bailout, but is being told to wait by germany. angela merkel is reluctant to put more aid requests in front of her parliament, both sides have denied that story. but it does come just a day after meeting between the eu and sm spanish economics minister. julia is in madrid with her own thoughts on this. you heard jim says it's only a matter of time really, so we just have to work out when. >>> that's certainly what the markets expect. also the message is that it's really difficult for the germans to say, hey, these three separate times on greece, cypress and perhaps on spain particularly after they've just received the banking bailout. the biggest shift seem to be in perhaps the spanish sentiment in this article that they're ready to ask as early as this week. so critical to him. they have to think of a bailout and also the enhanced credit line. it doesn't really make a distinction between the two. but of course the budget that we got at the end of last week suggested that they were laying the foundations of course for aid and of
's largest city has killed at least 31 people. state tv reports that three explosions rocked a government-controlled district in aleppo. now let's head to wall street. cnbc's mandy drury is at the new york stock exchange. good morning to you, mandy. >> good morning to you as well, natalie. today we're watching the private sector jobs report for some clues as to what kind of report we're going to get on friday when the big government payrolls report comes out. at this stage economists are expecting 153,000 jobs were created in the month of september, and apple shares are in focus once again as there are some reports out that asian component suppliers of apple have begun mass production of a smaller tablet computer that apparently is smaller than the current ipad. we're all waiting for that as well. back to you. >> wonderful to be in time for the holidays. mandy drury, thanks so much. >>> the self-proclaimed world's best dad is at it again. davengedow and his 20-month-old daughter have become famous online that show sarcastically why dave's the greatest dad. after their appearance on her sh
the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street's going to kick off the day. the dow closed at 13,515 after adding 77 points yesterday. the s&p was up 3 but the nasdaq lost 2. taking a look at overseas trading this morning. in tokyo the nikkei fell ten points while in hong kong the hang seng was closed again for a holiday. >>> well, stocks ended mostly in the blackmon day thanks to a glimmer of economic optimism. news that manufacturing growth broke a four month roadblock sparked interest. ben bernanke will keep record low interest rates to spark the economy even after if regains momentum. >>> analysts say winter shopping will rise 4.1% this year. that's slightly lower than predictions for the last two years. >>> jpmorgan chase is the first target of the justice department inves
of government, we must cordons to the acquisition of unwarranted influence, whether sought or unsought by the military- industrial complex. >> why was that speech so important? >> it warned against the military industrial complex. it is a cliche now. people did not think much of the speech at the moment, but they have since then. he spent much of his presidency making sure the military did not get out of hand. he kept military spending city. that was hard to do in the 1950's. tremendous pressure. we were creating a nuclear arsenal. he invented this -- his own service. military spending in the 1950's was 70% of the federal budget, today is about 25%. >> next sunday on a " q&a." >> see the vice presidential debates, this thursday night, live on c-span, c-span.org radi. next, your calls and comments on "washington journal." cent at 8:00 p.m., a debate in the u. s senate race. c-span's web site provides live coverage of all of the debates. it is the only place you'll see the behind the scenes excites and sounds before and after the debates. watch your created clips as well. reid streaming
of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> it is time. it is time for the lightning round. we play until we hear the sound and the lightning round is over. are you ready, skedaddy? start with rob in new york. >> caller: how you doing, jim. my question about sketchers? >> sell, sell, sell. it's sink'ing like a stone. i don't want skechers or deckers. > >>>. >> ken in california, what's up? >> caller: thank you for your help and guidance. love your show. jim, a vnbbott labs, is it overbought at this point? >> we were discussing this, i say you can't buy it here, steph. have to let it pull back. let it pull back to the mid 60s, but it is going to split. a great situation, but you're paying up too much right here. fred in new york. fred. >> caller: fred in new york, booyah. cypress semiconductor? >> oh, fred. we can say the same thing about intel. intel yields 4%. i see no reason to own cy
Search Results 0 to 8 of about 9 (some duplicates have been removed)